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New Dakota state tax basis is the Federal Adjusted Gross Income (AGI).

Interest/Divident Income: Exempts U.S. government bonds; deduction of up to $300 per person for interest from North Dakota financial institutions

Rent Income: Deductions for certain rental income, interest, and gains of beginning farms and entrepreneurs.

Capital Gain: Exempt gains realized on sale of property under eminent domain and corporate stock that relocated to North Dakota.

Unemployment Income: Same as federal.

Social Security Benefits: Same as federal.

State Bond Interest: Taxable except North Dakota obligations.

Health Savings Accounts: Same as federal.

Disability: Same as federal.

Lottery: Same as federal.

Federal Income Tax: Deductible.

Other Taxes: Deductions for certain venture capital investments, adoption expenses, organ donation expenses, and income from renaissance zones, qualifying new and expanding businesses, and federal active duty for National Guard/Reserve members.

Check other state tax links below.

Last Updated ( Friday, 11 September 2009 04:24 )